Home prices
The cost of the median home in Madison is $76,700. This is about $32,860 (29%) lower compared to its nearby areas.It is approximately $140,800 (64%) lower compared to the country as a whole, and compared to the city of Portland is approximately $212,300 (73%) lower.
Rents
Madison's median rent is $709 per month. Compared to other places in this area this is is very similar.Compared to the entire country it is roughly $353 (33%) lower, and compared to the city of Portland is roughly $415 (36%) lower.
Nearby places
Anson
Anson is Madison's neighbor to the west. Its housing prices are a bit less expensive. Anson's median home value is $62,200, which works out to $14,500 (23%) lower than Madison. Its rents are similar. Anson's median monthly rent is $711, which is very similar to Madison.
Norridgewock
Norridgewock is about 6 miles southeast of Madison. The housing prices there are substantially more expensive. Norridgewock's median home cost is $136,900, which comes out to $60,200 (43%) higher than Madison. Rent there is a bit more expensive. Norridgewock's median monthly rent is $800, which works out to $91 (11%) higher than Madison.
Skowhegan
Skowhegan is about 6 miles east from Madison. Real estate prices there are a bit more expensive. Skowhegan's median home price is $101,200, which works out to $24,500 (24%) higher than Madison. Its rents are a little more expensive. Skowhegan's median rent is $803 a month, which comes out to $94 (11%) higher than Madison.
Farmington
Farmington is roughly 14 miles southwest from Madison. Real estate prices there are a lot more expensive. The median home in Farmington costs $173,200, which comes out to $96,500 (55%) higher than Madison. The rent there is a little less expensive. In Farmington the median monthly rent is $630, which works out to $79 (12%) lower than Madison.
Bingham
Bingham is about 16 miles north from Madison. The housing prices there are similar. The median home in Bingham costs $74,300, which is $2,400 (3%) lower than Madison. Rents there are a little less expensive. In Bingham the median monthly rent is $610, which is $99 (16%) lower than Madison.
